XAUUSD trade ideas
GOLD will go for a nice dip before trying to make a higher atte.GOLD will go for a nice dip before trying to make a higher attempt.
Sell At my giving zone a strong sell at tge 15m-30m zone after manipulation targeting atleast 100-200pips in this sell.
How to interpret the rise or fall of gold at the opening?From the 4-hour chart of gold, since the low point of 3012 stabilized, it has been rising strongly all the way. 3086 briefly suppressed a negative line. As long as it maintains a strong unilateral trend, this negative line is likely to be a single negative line. Then we must hold the MA5-day support of 3070. If it cannot be held, the MA10-day position below 3054, which is also the intraday low, will support it. From the hourly chart, it closed strongly at a high level overnight, and continued to rely on the MA10-day moving average to rise. It is in a forced short and slow rise, and fell back to the low point of 3066. You can go long near this position on Monday. But if it is particularly strong, don't give it a chance. However, before the key resistance of 3087 is broken, it is not recommended to be too aggressive. Aggressive people can stop loss again. If the market breaks through 3087 on Monday, look at about 10 US dollars, and then you can continue to go short, unless the market closes and stabilizes at 3100. Pay attention to the support around 3066. Gold may have a double top in 30 minutes. Don't chase more for the time being. If you want to go long, wait patiently for a decline, otherwise the adjustment range at high level may be large. On the whole, the short-term operation strategy of gold next Monday is to go long on pullbacks and short on rebounds. The short-term focus on the upper resistance of 3097-3100 and the short-term focus on the lower support of 3057-3060. Friends must keep up with the rhythm. Control the position and stop loss, set stop loss strictly, and do not resist single operation.
When gold falls back to around 3066-3070, buy two-tenths of the position in batches, stop loss at 3045, target around 3080-3090, and look at 3100 if it breaks;
The price tapped into the Extreme OB at an angled entry, likely "If you want to take a more confident sell entry, wait for a bearish engulfing pattern on the 4-hour timeframe. That will give you extra confirmation."
GOLD MARKET ANALYSIS AND COMMENTARY - [April 07 - April 11]This week, the price of OANDA:XAUUSD increased sharply from 3,076 USD/oz to 3,168 USD/oz, then made a "reverse" move to 3,015 USD/oz and closed this week at 3,038 USD/oz.
The reason why the price of gold increased sharply to 3,168 USD/oz in the trading session on April 3 was because US President Donald Trump decided to impose reciprocal taxes from 10% to 49% on many trading partners. However, it was also because of the tariff issue that caused the gold price to break the upward trend right after the Trump administration announced a list of tariff exemptions for many goods.
Meanwhile, many countries have also proactively negotiated with the US to reduce import taxes on US goods, import more goods from the US to contribute to gradually balancing the trade balance with the US so that the Trump administration can remove tariffs.
In addition, the US non-farm payrolls (NFP) data for March unexpectedly jumped to 228,000 jobs, much higher than the forecast of 137,000 jobs. This shows that the US labor market is still positive, causing investors to believe that the FED may continue to delay cutting interest rates.
In addition, FED Chairman Powell also said that the Trump administration's recent reciprocal tariff policy will cause inflation to increase for a long time, risking pushing the US economy into recession. This implies that the FED will not cut interest rates in the upcoming meetings.
In particular, the stock market has fallen too sharply, causing investors to close profitable gold investment positions to add margin (cover losses) for stocks.
According to many experts, gold prices may continue to adjust next week, but will not fall too deeply. Because the Russia-Ukraine war and armed conflicts in the Middle East are still complicated. Moreover, China has just imposed an additional 34% tax on all US goods. Without hesitation, Canada also imposed a 25% import tax on all cars imported from the US that are not eligible for preferential treatment in the US-Mexico-Canada Agreement (USMCA). If more countries retaliate against the US like China and Canada, the trade war will become increasingly heated, pushing the world economy into instability, increasing the role of gold as a safe haven.
🕹SOME DATA THAT MAY AFFECT GOLD PRICES NEXT WEEK:
Inflation and the Fed will be back in the spotlight next week, with the release of the minutes from the Federal Open Market Committee’s (FOMC) March monetary policy meeting on Wednesday. This will be followed by the US consumer price index (CPI) report for March on Thursday, and the producer price index (PPI) on Friday. Friday morning will also see the latest preliminary survey of consumer sentiment from the University of Michigan – a key indicator of how Americans feel about the outlook for the economy.
📌Technically, observing the H4 chart, it is necessary to pay attention to the important support level at 3,000 USD/oz. If next week the gold price trades above this level, it can re-enter the correction phase to 3085. In case the 3000 round resistance level is broken, the gold price will continue to be under selling pressure, causing the price to drop to around 2,900-2,950 USD/oz.
Notable technical levels are listed below.
Support: 3,019 – 3,000 USD
Resistance: 3,050 – 3,056 USD
SELL XAUUSD PRICE 3093 - 3091⚡️
↠↠ Stoploss 3097
BUY XAUUSD PRICE 2988 - 2990⚡️
↠↠ Stoploss 2984
Focus on the support position below!The trend of gold's continued rise after breaking through $3,100 indicates that its path of least resistance is still upward. After losing below, it may return to the round mark of $3,100. If it effectively falls below this level, it may trigger a long-covering market, which will push the gold price to test the support of $3,076 near Monday's low. In the short term, pay attention to the new high of $3,148-50.
Gold hourly chart;
Gold short-term analysis; Last Friday, gold rose all the way to 3085, and there is still room and demand for further rise. On Monday, it opened directly to 3097. Pay attention to the suppression of 3150 above gold. The news stimulated it to break new highs. Today, it is mainly a correction, and short orders must be cautious.
Gold operation ideas today;
1; Long orders below can be tried at 3110-05, looking at 10-15 points,
Gold (XAUUSD) 30-Minute Trade Setup: Bullish Reversal from SuppoThis chart represents a trading analysis for Gold (XAUUSD) on a 30-minute timeframe. Here are the key points from the chart:
Technical Indicators:
EMA (30, close) - Red Line: 3,124.52 (shorter-term trend)
EMA (200, close) - Blue Line: 3,090.41 (longer-term trend)
Trade Setup:
Entry Point: 3,108.21
Stop Loss: 3,098.52 (just below the support zone)
Target Point: 3,149.04 (potential profit level)
Analysis:
The price is currently bouncing from a purple support zone, which aligns with a short-term retracement.
The 30 EMA (red) is currently above the price, indicating short-term resistance.
The 200 EMA (blue) is significantly lower, showing that the overall trend is still bullish.
A potential long (buy) trade is suggested, as price is expected to reverse from the support level towards the target point of 3,149.04.
Risk-to-Reward Ratio:
The stop loss is set below the key support level to minimize risk.
The target price provides a significant profit potential.
Conclusion:
If price holds above 3,108.21, there is a strong bullish case.
If price breaks below 3,098.52, the bullish setup may become invalid.
Monitoring the 30 EMA resistance will be crucial for confirmation.
GOLD NEXT MOVESpelling Mistakes: "SOPPRT" should be "SUPPORT."
Lack of Bearish Scenario: The chart assumes an upward movement, but what happens if price fails to hold the support zones?
Volume Analysis Missing: Volume is shown, but its role in confirming trends is unclear. A breakout with high volume would be more reliable.
2. Alternative Perspective
Possible Fakeout: The price may not break resistance and could retrace.
Stronger Rejection?: The price might struggle at the resistance zone rather than pushing through easily.
Lingrid | GOLD price SQUEEZE Signals a Surge AheadOANDA:XAUUSD market has formed a triangle pattern, which is a continuation pattern, and it appears likely to break through the downward trendline. On the 4H timeframe, the price has created long-tailed bars, suggesting bullish pressure that could lead to a retest of the all-time high level. Since the price bounced off the 3000 level twice, I think the market will move higher if it breaks and closes above the triangle pattern, setting up a classic contraction continuation scenario. My goal is resistance zone around 3038
Traders, If you liked this educational post🎓, give it a boost 🚀 and drop a comment 📣
GOLD BULLISH BIAS|LONG|
✅GOLD fell again to retest the support
But it is a strong key level of 3000$
So we are already seeing a rebound
And we will be expecting a
Further bullish move up
LONG🚀
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Closing multiple orders with ProfitAs discussed throughout my Wednesday's session commentary: "Technical analysis: The Price-action was once again seen Trading below the #3,152.80 benchmark extended decline where Sellers should finally prevailed and dragg the Price-action more than #57 points downwards (as was announced on one of my remarks lately that Gold always prints #57 point decline once the local High’s rejects the sequence and delivers the eminent rebound). Gold is dangerously approaching again the Higher High’s trendline of the Daily chart’s wide Ascending Channel, way above the #MA50 (aswell on Daily chart, representing in the same manner the Long-term Support zone) in Overbought waters, however every pullback on Gold is accumulation zone for new Bullish cycle."
First order I have engaged was Wednesday's Sell order (#3,132.80 - #3,111.80) and I have continued Selling every local High's throughout yesterday's session as I announced possible Selling correction ahead on Gold.
Technical analysis: Gold delivered Selling extension as I announced however it would be best for Short-term Sellers to wait for area to be engulfed, as today’s session will most likely represent the crossroads for the next Week, taking in consideration that one can never foresee the sequence until when Fundamentally driven rises and upswing (such as current one) will last and how Gold will digest today's session NFP numbers. Lagging upswing sequence comforted Sellers on it’s Intra-day basis, as Price-action was close to the #2-Month Bottom. The Price-action has altered the downtrend fractal near the Daily chart’s Ascending Channel’s Lower zone, as discussed on my latest commentary, with current mentioned configuration above representing former strong #1-Month Resistance zone. As long as this holds, there are Higher probabilities to reach the Hourly 4 chart’s Higher High’s Lower zone again on Spot prices however touch may be completed Lower depending on the aggression of the current variance. Technically, Gold should ease the Overbought levels, but on such Fundamental landscape (Bull bias), both sides are equally probable unless #3,137.80 gets invalidated to the upside once again. After all, on the Daily timeframe, the pattern is an healthy Ascending Channel which just touched the Higher High’s trendline and has a limit just over current structure, my main point of interests (depending on the impulse of the wave started early last Week). Above the #3,137.80, Short-term Selling pattern is invalidated and the relief attempt may be accelerated towards the Hourly 4 chart’s #3,152.80 benchmark.
My position: After excellent week behind me, I didn't had to Trade the NFP however I will as I do expect downside surprise on NFP which could skyrocket Gold upwards coupled with Powell's talks.
Gold Intraday Trading Plan 4/4/2025Gold was quite mad yesterday. After touched a new ATH of 3167, it quickly dropped more than 1k pips to 3155 and went back another 800pips to 3135. Finally it closed the day above 3110.
While in smaller timeframes it showed bearish signals, in 12hrly TF, it is above EMA and daily support of 3105. I will be cautious about trading today as it is NFP today.
In short, I will trade breakout today. If 3137 is broken, i will buy towards 3175. If 3105 is broken, I will sell towards 3137.
Gold Analysis StrategyTechnical analysis of gold: Gold surged and then fell in the early trading, with the highest price rising to 3167. However, the price subsequently fell and gave up all the gains, falling to 3116 at the lowest. The daily line just touched the 5-day moving average support. As long as the 5-day moving average support is not broken, the short-term trend will continue to rise strongly. According to this momentum, we will see 3200 points in the non-agricultural data tomorrow, Friday. However, one point worth noting is that the 4-hour MACD indicator has a dead cross signal. In addition, the high and fall of gold today, the K-line has formed a combination of Yin and Yang, suggesting that the risk of high-level selling pressure is increasing. Once it falls below the key position of 3100 below, the market will be completely controlled by the bears. So far, there has been a sharp decline, and the impact of the news is more of a roller coaster up and down wide fluctuation. The daily and monthly lines are currently under pressure on the upper track, and bulls should be careful.
The 4H cycle failed to open upward. As a rule, there is a certain probability of a downward kill. The watershed below is still 3100. Only if it falls below this position can it gradually turn to short. At the same time, the current volatility is very large, and any fluctuation starts at ten points. It is recommended to reduce the position to trade; the current long structure of gold has not changed. The key support below is still the long-short watershed of 3100. Above 3100, the strong bullish idea remains unchanged. Short-term operations rely on 3100 for defense, and gradually look up near 3116. Focus on the strength of the European session. If the European session rebounds and does not break the high, then short the US session at highs. Pay attention to the resistance of the 3148-50 area above. On the whole, today's short-term operation strategy for gold is to mainly short on rebounds and supplemented by long on pullbacks. The short-term focus on the upper side is 3148-3150 resistance, and the short-term focus on the lower side is 3100-3110 support.
Short order strategy:
Strategy 1: When gold rebounds around 3148-3150, short sell (buy short) in batches, 20% of the position, stop loss 6 points, target around 3135-3125, break to 3115
Long order strategy:
Strategy 2: When gold falls back to around 3115-3118, buy long positions in batches (buy up) of 20% of the position, stop loss 6 points, target around 3130-3140, break the position and look at 3150
GOLDThe chart displays Gold (XAU/USD) on a 1-hour timeframe, showcasing a possible reversal and price target. Here’s a detailed analysis of the chart:
Key Observations:
1. FVG (Fair Value Gap):
- The FVG zone is highlighted between 3,130.68 and 3,138.94. This represents a price imbalance that typically acts as a resistance zone. The price has recently tested the upper part of this gap around 3,138.94, showing rejection, indicating that the market may not sustain the upward movement.
2. Order Block:
- An order block is identified at the higher level, around 3,163.99. This area is likely a strong resistance where market participants may have placed selling orders. Price rejection here could push the market downward, as suggested by the current price action.
3. Price Action:
- The price has recently formed an ascending triangle pattern, suggesting bullish continuation. However, it has now reached the FVG zone, where it faced rejection, and the price is now showing signs of moving downward.
- After testing the FVG, the price appears to be in a retracement phase. The pullback could eventually target 3,100 if the price fills the FVG gap.
4. Target:- The target is set at 3,100, just below the FVG zone. This level represents a potential support zone, where the price might stabilize before deciding whether to continue down further or reverse to test higher levels again.
5. Volume:
- The volume bars suggest relatively strong buying in the early part of the trend. However, there is declining volume as the price reaches the FVG zone, indicating that the buying pressure is weakening. This suggests a higher likelihood of a pullback towards the target of 3,100.
Potential Scenarios:
1. Bearish Retracement:
- After reaching the FVG zone around 3,138.94, the price might face resistance and reverse down toward the target of 3,100. If the price breaks below this target level, further downside movement is possible toward the next support levels.
2. Support at 3,100:
- If the price reaches 3,100 and shows signs of reversal (such as a bullish candlestick pattern or an increase in volume), it could find support at this level, leading to a potential recovery toward the FVG zone again. A successful break above the FVG would suggest further upside toward the order block.
3. Break Below Support:
Gold price target 3160-3180Gold price target 3160-3180
In fact, there is no need to analyze the rise of gold prices too complicatedly. We only need to calculate the oscillation relationship expressed by the flag structure from A-B.
So far, the normal retracement of gold prices in this relationship is less than half of the increase of AB.
Above 3100 points, there is only one strategy, that is, long
The only thing to consider is the cost-effectiveness of the transaction
Support line:
3100
3110
3115
3120
Pressure line:
3135
3140
3150
3160
3180
3200
3230
Our strategy today:
Long around 3120, stop loss 3110
It's that simple
Gold market analysis strategyTechnical analysis of gold: From the market point of view, the trend has not changed. The negative line of the upper shadow of the single K line in the daily chart appears at a high level, which is a turning point. Whether a reversal can occur today will verify the validity of this K line. This wave of rise is caused by fundamentals and the atmosphere of the entire market. However, there is never a market that only rises and never falls. In other words, we do not go to dead short or dead long. Shorts only enter the market at important points. From a structural point of view, the rise has entered a symmetrical space in terms of time and span. It fell below the upper line in four hours, and the early high and fall were the same as expected. The structure has become weak short. The hourly chart is close to the upper line area and is currently running in a divergence, so the overall European market is still high and unchanged. It seems that gold bulls have not been able to go to a higher level with the support of the news, so gold bears may have opportunities at any time; gold is directly short at the current price of 3128 in the afternoon!
Gold fell below yesterday's low of 3124 support as expected, and came all the way to 3100. I have been emphasizing that gold will have a big retracement, but the current decline is far from enough. Gold will continue to fall. The 1-hour moving average of gold has begun to turn downward, and gold may open up room for decline. The 1-hour moving average of gold has now formed a head and shoulders top structure. Rebounds will continue to be short. The market has weakened. Gold has not yet broken through the 3100 mark for the first time, but the direction of the market has turned short. If it does not break for the first time, I believe there will be a second attempt in the future. Then the bearish situation has been finalized. Long positions must be put aside first, because it is a bearish market now. Gold rebounds and adjustments can continue to be short. Pay attention to the 3128 line of pressure above. You can go short directly when it rebounds! On the whole, today's short-term operation strategy for gold is to focus on rebound shorting and supplemented by callback long positions. The short-term focus on the upper side is the 3138-3130 line of resistance, and the short-term focus on the lower side is the 3100-3083 line of support.
Short order strategy:
Strategy 1: When gold rebounds around 3128-3130, short (buy short) 20% of the position in batches, stop loss 6 points, target around 3110-3100, break to look at 3085
Long order strategy:
Strategy 2: When gold falls back to around 3083-3085, buy (buy up) 20% of the position in batches, stop loss 6 points, target around 3100-3110, break to 3120
XAUUSD Shorts Readying XAUUSD price should climb towards 3125 before a potential reversal to 3100. Let us observe how price behaves within this bearish flag pattern
Gold breaks three barriers in a row to hit a record highYesterday, the gold price rose strongly to more than 40 US dollars. Since gold easily broke through the 3,000 line, the bullish trend is endless. Since the pullback in February, it has soared to the sky like a towering building. Today, it has risen from 3,125 US dollars as a support point. There has just been a small pullback, which is just for correction. Remember one thing, the end of the rising market is not to look at the high point, but to look at the support. That is, the breakthrough of the key support position can determine the short-term direction. Last Friday, we emphasized that 3,065 did not break and continued to buy. Yesterday, we also emphasized the support of 3,100 US dollars. Keep an eye on the support point instead of guessing the high point. There is no highest point, only higher.
Now, gold has fallen back from 3148 to the top and bottom conversion position. 3125 is also the support of the rising area this morning. The key to defense is 3100 US dollars. There are many positions to find in the bull market. Don't guess the top. The top is walked out, not guessed! Intraday gold can rely on the range of 3125-3128. Relying on the support area of 3115, pay attention to the suppression of 3160-3165 above.
Gold operation suggestions: Go long near 3122-3125, stop loss at 3115, and look at 3155 first
GOLD SELL NOW!!!!!Gold hit my sell target limit yesterday and today we have price made a strong rejection off the buy side liquidity and price is heading to sweep liquidity at the sell side am still gonna be looking out for sell entry till price arrives 3,057.
LETS KNOW YOUR TAKE ON THIS.............
Gold Preparing for a big move?We have seen gold consolidating and testing key supply zone multiple times without breaking it. Below, we still have the liquidity zones untapped. Possibly, we could see gold taking out the equal lows, tap the demand zone and keep with the bullish momentum.
$XAUUSD - Peaked; Ready For a Pullback!OANDA:XAUUSD - The higher degree wave ((3)) from the weekly timeframe has peaked. Trading out of the channel's lower boundary and then below 3012 will be additional bearish evidence a larger wave ((4)) is in play.
GOLD - 1H UPDATEGold is still sitting above the previous 'Wave 4 low' which shows not internal structure has been broken to the downside. Until that low is broken, there's nothing indicating a sell off is yet to take place, so it's possible we could see another push up, after SOME CONSOLIDATION. This is known as a 'redistribution phase'.
We also have the Zionist puppet Donald Trump announcing more Tariffs later on more countries, so expect some market volatility across the board.
